Bitcoin (BTC) continues its bullish journey, testing the crucial $100,000 resistance. Although recent profit-taking has been witnessed, with a $242.3 million outflow from U.S. Bitcoin ETFs on January 2, long-term projections remain optimistic. Analysts predict Bitcoin could surpass $150,000 in 2025. Even if there is a short-term dip, some view it as a buying opportunity, particularly if BTC drops to $80,000.
Bitcoin (BTC) is currently consolidating between $90,000 and $100,000, with a potential move toward the all-time high at $108,353 if it breaks $100,000. However, a drop below $90,000 could lead to further declines.
Ether (ETH) is showing a bullish ascending triangle, with the potential to break above $3,555, targeting $3,894. A drop below the trendline could push ETH to $3,000, a key support level.
XRP bounced off the symmetrical triangle's support on December 31, reaching resistance on January 3. If XRP breaks above the triangle, a rally to $2.91 is possible, but a drop below $2.24 may indicate a prolonged consolidation.
BNB is currently squeezed between $698 and $722. A breakout above $722 could lead to a rally toward $760, while a breakdown below $698 could push BNB to $635.
Solana (SOL) has surged above the 20-day EMA, indicating reduced selling pressure. If it overcomes resistance at $219, the next target is $234. Support is expected between the 20-day EMA and the uptrend line.
Dogecoin (DOGE) has broken out of its range between $0.30 and $0.35. If bulls push above $0.38, DOGE may rally to $0.42. However, sellers could push it back to $0.34 if the rally fails.
Cardano (ADA) surged above the neckline of the head-and-shoulders pattern, potentially trapping bears. A rally to $1.20 is expected, with strong resistance between $1.20 and $1.33. If ADA pulls back, support from moving averages will likely provide a cushion.
As Bitcoin sets its sights on $100,000, it remains to be seen whether altcoins like Ethereum, Solana, and others will follow suit, fueled by the momentum of the market's leader.
